Mohacsy's Safe Portfolio Member Forum

[10nisman]

When you get lemons make lemonade. I got put to me shares of DAL and CLX today. They are already making money for me as covered calls.

You always talk about your covered calls making you money, yet you never mention the negative returns you've experienced from the decline in the underlying security. You may want to balance out your discussion for readers who think you're actually making money, when the covered call is just offsetting part of your negative returns. It's impossible to lose money on a covered call as you either keep the premium, or you keep the premium and your shares are called away.